2011 Notes Clause Samples
The "2011 Notes" clause defines and identifies a specific set of debt instruments, typically promissory notes or bonds, that were issued in the year 2011. This clause clarifies which financial instruments are being referenced throughout the agreement, often by specifying their issuance date, principal amount, or other distinguishing features. By doing so, it ensures that all parties are clear about the obligations, rights, or transactions that pertain specifically to these 2011-issued notes, thereby preventing confusion with other notes issued at different times and facilitating accurate record-keeping and enforcement of terms.
2011 Notes. On May 10, 2013 and on each August 10, November 10, February 10 and May 10 thereafter to and including November 10, 2017 the Company will prepay $1,250,000 principal amount (or such lesser principal amount as shall then be outstanding) of the 2011 Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the 2011 Notes pursuant to Section 8.1(b), (c) or (d), Section 8.2 or Section 8.6, the principal amount of each required prepayment of the 2011 Notes becoming due under this Section 8.1(a)(ii) on and after the date of such prepayment shall be reduced in the same proportion as the aggregate unpaid principal amount of the 2011 Notes is reduced as a result of such prepayment.
2011 Notes. The Administrative Agent shall have received reasonably satisfactory evidence substantially concurrently with the satisfaction of the other conditions precedent set forth in this Section 5.01 of receipt by the Borrower of not less than $514,500,000 in cash proceeds from the issuance by the Borrower and Holdings, as applicable, of the 2011 Notes.
2011 Notes. The term "2011 Notes" means: The convertible promissory notes due August 14, 2011 issued pursuant to a Note Purchase Agreement, dated as of August 10, 2001, by and among the Company, the Investor, M▇▇▇▇ ▇. ▇▇▇▇▇▇▇ and GGCP, Inc., as amended.
2011 Notes. The Borrower shall have received at least $350,000,000 (less any applicable upfront fees and original issue discount) in gross cash proceeds from the issuance of the 2011 Notes on satisfactory terms and the Administrative Agent shall have received true and correct copies of the principal 2011 Notes Documents (it being understood and agreed that the terms for the 2011 Notes that are consistent in all material respects with those described in the Preliminary Offering Memorandum of the Borrower, dated May 9, 2011, are satisfactory).